KOMET® and AVANTEC form strategic partnership

13.05.2010

“Everything from a single source”

The manufacturers of precision tools must develop in line with customer demands for innovative tool concepts and complete solutions for machining tasks - especially in an economically difficult environment.

With this in mind, the globally active market leader in bore machining – the KOMET GROUP® - and the innovation leader in the area of high-positive tooling systems – AVANTEC – have agreed to launch a strategic partnership. The aim is to join together on future project business with the high-performance portfolio of two innovative, well-known brands.

The KOMET GROUP® has the most extensive product portfolio, structured into modules for bore machining. It covers the entire spectrum of internal machining, from high-precision continuous, secondary and precision boring through to reaming and threading. Moreover, innovative ideas give rise to custom-made solutions for specific components that benefit the customer. “We call it TOOLS PLUS IDEAS”, says Managing Director of the KOMET GROUP®, Dr. Christof Bönsch.

AVANTEC, leader in the area of high-performance milling cutters and pioneer for high-positive tooling systems, looks forward to this partner-ship bringing greater access to international markets, according to Managing Director and founder, Gustav Werthwein. AVANTEC's uncompromising focus on milling machining has allowed them to evolve into a first-class company in only a few years.

With this strategic merger, both partners complement each other even further and offer customers “Everything from a single source”.

The KOMET GROUP is one of the leading single-source suppliers of precision tools and has been at the forefront of innovation in the sector for over 90 years. The internationally successful group, based in Besigheim, sees itself as more than simply a tool manufacturer. Rather, it sees itself as a provider of innovative ideas. With exemplary creativity, the company develops, produces and markets customer-specific solutions and premium products for all stages of production. The KOMET GROUP currently employs more than 1,600 staff in its 20 subsidiaries and is represented in around 50 countries.